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1055 3rd St, 
Penrose, CO 81240

$400,000


4

Beds


2

Baths


1,904

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Deedee Watson

Pueblo Home Realty, LLC.

Last updated:

May 21, 2026, 10:10 AM

MLS#

240110

Source:

CO PAR

About This Home

1055 3rd St

Discover the possibilities on this 4.65-acre property, offering 4 shares of Beaver Park Water and a 4-bedroom, 2-bathroom home that is fully livable but will need some work, providing an opportunity to apply your vision and make it your own. The main living area of the home showcases arched windows that fill the space with natural light, a vintage cast-iron stove adds warmth, charm, and character to the family room, indoor-outdoor living with a screened-in porch and covered patio. Situated on a paved road with easy access to Hwy 115, this property blends rural living with convenience to Colorado Springs, Caon City, and Pueblo. The fully fenced acreage is ready for planting or livestock and is separated from the home by a stucco boundary wall. A heated and insulated 4-car detached garage plus a multi-use outbuilding provide endless options for a workshop, storage, or hobby space. Additional features include a greenhouse, raised garden bed, gazebo, and dog kennel. This property delivers remarkable potential and the freedom to create the home you've always envisioned. ***Home condition will not meet FHA or VA loan requirements.

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 1925

Price Summary

400,000

$210 per Sq. Ft.

MLS #:

240110

Last Updated:

May 21, 2026, 10:10 AM

Added:

7 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,904 Sq. Ft.


Structure

Structure

Building Area:

1,904 Sq. Ft.

Year Built:

1925


Lot

Lot Size (Sq. Ft):

204,100


Finances & Disclosures

Finances

Price:

$400,000

Price per Sq. Ft:

$210 per Sq. Ft.

Source:CO PAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.